Weird Tales and Trade Treaties


Watching the political fight over the TPP trade treaty has been kind of interesting. FWIW, two things strike me as a little odd:

  • Historically, it’s been Republicans who bitch and moan about how treaties are invasions of American sovereignty. And of course they are. If you sign a treaty with another country, there has to be some kind of neutral mediator that can decide if the treaty has been breached, and this is ipso facto an infringement of sovereignty for both countries. Democrats usually laugh this off, since it’s an obvious feature of any treaty (would you sign a treaty with Pakistan where Pakistan unilaterally gets to resolve all disputes?). This time, however, the worm has turned and it’s Democrats who are loudly objecting to something called the Investor-State Dispute Settlement, which sets up a special tribunal to adjudicate disputes brought by corporations against rules that they think violate the TPP. Republicans don’t care much.

    I don’t have any big point to make here. It’s just kind of interesting to see the two sides switch.
     

  • I’m a little puzzled about why Republicans are so gung-ho to get TPP passed in the first place. Sure, they’re generally in favor of trade treaties, but it’s not exactly one of their hot button issues. And yet, they seem to be going out of their way to help President Obama get it passed. Given their recent track record, I’d expect them to yawn and tell Obama he’s on his own to whip the votes he needs. Is there some deeper strategy here that I’m not getting? Do they truly think this is going to rip the Democratic Party to shreds with months of vicious infighting? Or what?

Anyway, it looks to me like TPP is going to pass. These things nearly always do after a bit of grandstanding followed by some face-saving compromises. It might be close, but it will pass.